If you are ready to open up a location and work directly with the public to sell cars, we can take of all the set up details. We will find you the proper facility, source out the insurance, surety bond, and everything else you need so we can file the application on your behalf with the state. We help you get your sellers permit as well. All you have to do is the background check and take the class.
A California Retail Used Car Dealer License allows you to sign your own Dealership titles and sell directly to the public. We can even help you get a floor plan (Dealership Financing) so you can stock up on inventory without using your own money.
We help you get the necessary garage liability insurance for your Dealership too. You don’t want to be caught driving your inventory without insurance (even if yo have a Dealer Plate), your vehicle will be seized and impounded.
Your California Used Car Dealer insurance is comprised of three components:
- Location Coverage
- Inventory Coverage ( cost of vehicles up to stated amount )
- Usage Coverage ( business and personal use )
The standard car dealer insurance policy is called garage keeper liability with a test drive endorsement.
Our fee is $2999 to do the work, and you pay the expenses as they come in. If you would like more information, contact me so we can discuss details. I have a local Licensed Used Car Dealer in Sacramento who will operate as your project manager, and of course we cover the entire state.
